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They failed to reform their rigid and inefficient labor markets and to contain their increasingly uncompetitive wage costs.
But Portugal is shackled to a currency that seems better suited to the relative strength of Germany or France than to southern countries like Portugal, Spain and Greece, with their inefficient labor markets and tax systems and heavy debt.
Its results, issued on Tuesday by the Organization for Economic Cooperation and Development, an institute set up by the world's developed countries, cited deep-rooted causes for Germany's woes -- high taxation and government spending, an inefficient labor market and excessive business regulation.
Yet an inefficient labor market isn't such a bad thing for those who are willing to dig a little deeper.
Portugal is next in line; its net external indebtedness is very high, and it suffers from inefficient labor markets.
Still, as I wrote in that earlier article, "An inefficient labor market isn't such a bad thing for those who are willing to dig a little deeper.
Similar(51)
Then they classed regions according to high, medium and low output, shrewdly leaving readers to conclude just how inefficient slave labor really was.
What I saw as oppressive and inefficient child labor, many readers saw as a chance for a young person to do something she enjoys and takes pride in, to develop a respect for work and help with family finances, as they had themselves.
According to the analysis, this paper found many problems in China's manufacturing detailed in the following: inefficient unit labor output, imperfect standard system of industrialization, weak innovative capacity and lack of core talents, poor construction of digital infrastructure, high energy consumption, high pollution, and low added value.
The old way is inefficient and labor-intensive, according to members of the family.
"Currently, the Service uses inefficient and labor-intensive data-processing and analysis systems to process and report intelligence information obtained at its foreign stations," the document reads.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com